99.9% of venezuelans don't even know what Bitcoin is. But this huge decision to prohibit their Central Bank to access dollars is really a game changer, I think for sure Bitcoin will be popular in Venezuela in just a few months if their economic situation continues on free-fall.

It means it's not at all easy to use Bitcoin in Venezuela contrary to what is portrayed in this sub often and the people that actually use Bitcoin in Venezuela are a tiny minority. I think people here have a pretty wrong picture of how bad the situation is. You go to a store by motor bike? Decent chance you'll just get killed. Anybody notice you carry a smartphone? Same thing.

Well, I don't want to hurt your feelings if you're bent on behaving immaturely. I'll just say maybe start thinking about what might be the important difference between that headline and the argument in this discussion. If you cannot see it then I'm afraid this is a waste of time anyway.

The no-smartphones as well as the motorcycle example is not stuff I came up with either but what was stated by venezuelan people before, but please continue to ignore all that, if you think it helps your agenda.. anyway, I've wasted enough time on you here, good luck.

And what exactly is your agenda here besides spreading disinformation and FUD? Yes the majority of Venezuelans still don't use Bitcoin, but a substantial number do use it and that number is increasing by the day.

So an all time high says nothing.. there is 30 million people in Venezuela. Remove old, young and non tech savvy people. Remove those without electricity and/or means to access the internet. And then you get an idea that the Venezuelans might have, maybe heard of Bitcoin. Lets say that a few could or can buy bitcoin as well as have the means to use it.So if there are 100 people able to trade it out of 30 million, and it increase to 150 people, you have hit an "all time high" ... so keep this in mind when posting these links.

Venezuela's problem has more to do is incompetency, relying on only one source of revenue (oil) and being outright anti-US (which does not bode well if your economy is still relying a lot on private corporations) than "socialism". By sanctioning countries like Cuba, Venezuela and Iran, the US are causing unnecessary suffering among the population.

Hyperinflation is the effect not the cause, the cause is fucking up free markets for their country (and corrupt politicians, like all countries). Now, you'll instantly tell me it's because they are "socialists" without being able to realize that the US is one of the most socialist countries in the world. Your military is a public service and a public employer and you WILL suffer hyperinflation on the long term too, just like all other empires (or besieged states). That's why we both use Bitcoin even if we think differently.

You know what's funny? Venezuela was even using RUNESCAPE gold. When they were experiencing that blackout, a few items in the runescape economy sky rocketed when the Venezuelan gold farmers weren't able to work

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